Examples of Caisses d’Epargne in a sentence
The Banque Populaire banks and the Caisses d’Epargne are credit institutions.
Groupe BPCE has a distinctly cooperative character, with cooperative shareholders owning the Banque Populaire banks and the Caisses d’Epargne, the two (2) networks that form the foundation of the group’s retail banking operations.
The Group designs and manages life insurance, pension, personal risk insurance and protection products (term creditor insurance and health insurance).■ In France, CNP Assurances distributes its individual insurance products through La Banque Postale and the Caisses d’Epargne, as well as through its own network: Amétis.
The community is dominated by river birch (Betula nigra), American sycamore (Plantanus occidentalis), tulip poplar, red maple, and sweetgum, with an occasional winged elm.
Background of BPCE and NatixisOn February 26, 2009, the Banque Fédérale des Banques Populaires Board of Directors and the Caisse Nationale des Caisses d’Epargne Supervisory Board approved the terms and conditions of the combination of their two (2) central institutions, leading to the creation of Groupe BPCE which is the number two (2) banking group in France1.
As a result, BPCE does not share in the profits and losses of the Banques Populaires and Caisses d’Epargne.
The business of BPCE or Groupe BPCE may therefore be subject to significant disruptions in the event that the Banques Populaires and the Caisses d’Epargne are unable to resolve any differences concerning the relevant group’s development.
BPCE may be required to contribute funds to the entities that are part of the financial solidarity mechanism if they encounter financial difficulties, including some entities in which BPCE holds no economic interest As the central body of Groupe BPCE, BPCE guarantees the liquidity and solvency of each of the regional banks (the Caisses d’Epargne and the Banques Populaires), as well as the other members of the affiliated group that are credit institutions subject to regulation in France.
The Group designs and manages life insurance, pension, personal risk insurance and protection products (term creditor insurance and health insurance).■In France, CNP Assurances distributes its individual insurance products through La Banque Postale and the Caisses d’Epargne, as well as through its own network: Amétis.
Instead, its economic interest in the results of operations of the Banques Populaires and Caisses d’Epargne is limited to the financing that it provides to them as part of its activity as central body of Group BPCE.